St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1887-06-25
CHARTER.
STATE OF LOUISIANA,
CRY OF New ORLEANS.

Be IT KNOWN, That on this thirty
first day Of May, in the year Of cur Lord
one thousand eight hundred and eighty
seven, before me, Marcel I. Ducros, a
notary public in and for the city and
parish Of New Orleans. State Of Louisi-
ana, aforesaid. duly commissioned and
sworn. personally came and appeared
the several persons whose names are
hereunto subscribed. who declared that,
ayailing themselves of the provisions of
the laws of this State relative to the or
ganization of corporations for works of
general utility aud Improvement, they
have coveEanted and agreed, and do,
by these presents, covenant and agree.
and bind themselves, as well as such
persons as may hereafter become asso-
ciated with them, TO form and constitute
corporation ana body polite in law,
for the purposes and objects and under
the stipulation, articles and conditions
following, to-wIt:
ARTICLE FIRST.
The name and title Of said corporation
shall be the .COyINGTON AND 81.
TAMMANY LAND AND IMPROVE
MENT COMPANY" and by that name
* shall have succession and corporate
existence for and during the term and
period of ninety-nine years from the
date Of these presents, unless sooner
dissolved in the manner hereinafter
provided. The domicile Of said corpora
ton shall be in the town of Covingtoa.
State of Louisiana, and it shall have a
corporate seal, to be such as the Board
of Directors may select.
ARTICLE SECOND.
The objects and purposes for which
| this corporation is established, and the
nature Of the business 20 be carried on
by it are declared and specified to be to
purchase, improve and dispose of real
estate of every description whatever in
! the town of Covington or elsewhere in
| this State; to erect, construct, operate
! and establish factories and manu- facto.
ries Of every description, or any other
works or improvements Of public utility
of any and every character, kind and
! description on said lands, tenements
and real estate as it may acquire or come
into possession of by purchase, nego.
tiation or con tract; to improve. sell OF
dispose of or negotiate such real estate
or property in such quantity or parcels
of land MS they may deem suitable, tC
purchasers, with the right to authorize
| said purchasers to construct, operate
and. establish factories and manufac
tories of every description on such
lands which the said purchasers may
acquire from the corporation; to grant
and take mortgages. and make adj
| vances on real estate; to borrow money
and for the security thereof, tn mort
gage all or part of the real estate owned
| by said corporation; TO loan all or any
portion Of the funds of said corporation
by taking mortgages or other securities
and to colonize and develop the agri
cultural, mineral and manufacturing re
sources of the State of Louisiana, on an,
land which it msy become possessed o
in the said State to promote imrigra
tion thereto; and to purchase and sci
lands as real estate, so as to provid,
homesteals or farms for persons immi
grating thereto; to connect any or all o
said lands by railroad with any Other
lines of railroad; provided. that in nj
cases such acquisition of lands, and tn
disposition thereof, etc. etc, shall b
executed by the Board of Director
hereinafter provided for. or by officer
and agents duly authorized by sal,
Board.
Said corporation shall have and pos
sess all the powers, rights and priv
leges that corporations are or may be, b,
any general laws Of this State, allow.
to possess. ana may exercise its corr or
ate powers in any other State or I,rr
tory of the United States that may auth
orIZe the same; the said corporation
may she and De sued, citations and nj
legal processes shall be served at tn
office OF the company. in the town o
Covlngton. La. and upon the President
and in his absence. upon the Vic
President Of the company.